Richoux – significant (discounted) management investment, but clear challenges remain for former Prezzo boss

Published 219 days ago

I previously wrote on restaurant group Richoux (RIC) in April, with the shares at 20p, concluding that there looks much turnaround work to do in an admitted “difficult” period for the sector and with it also placing ahoy, I avoid. The company has now made a “Completion of Subscription & Director Transactions” announcement...

Eagle Eye Solutions – from “confident” of sufficient headroom, to John Lewis ‘pump’, to...

Published 240 days ago

In March I questioned whether the balance sheet of Eagle Eye Solutions (EYE) was sufficient despite the company stating it was confident of sufficient headroom to support its current strategic ambitions. It is now “pleased to confirm… 2,666,667 ordinary shares have been conditionally placed… at a price of 225.0 pence per placing share to raise approximately £6.0 million (before expenses)”. Hmmm…

Introducing A Newly Listed Company which Is Making Piles of Cash

Published 248 days ago

Hello Share Twiddlers. Continuing my theme that companies which build houses should do jolly well out of the various election promises to stimulate house building, I offer for your critical perusal another lot which services the building industry.


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